Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Polymarket Perps against KuCoin0.000%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1531.528% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now 0.000%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 117.18 | 0.0100 | pay 0.0100% / 8h | 6h 34m | $610K | $532K | 20x |
| Short | Polymarket Perps BABA-USD | 117.18 | 0.0050 | get 0.0006% / 1h | 34m 30s | $10K | $264K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: 0.000% → +0.013%
- −$1.33
- Slippage, 4 orders
- −$132.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$164.62
- Costs to cover
- 1.528%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Polymarket Perps: live order book, 33 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 23.02 bp | 89.7 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 33 min ago | 2.57 bp | 7.4 bp −$7 | 7.4 bp −$74 | doesn't fit | doesn't fit |
BABA on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 117.21 | +0.029% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.25 | +0.060% | $2.2M | $584K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.23 | +0.043% | $1.4M | $1.5M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.24 | +0.051% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.23 | +0.043% | $1K | $4.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.03 | −0.128% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.36 | +0.154% | $387K | $44K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.16 | −0.017% | $423K | $497K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.144% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 117.21 | +0.026% | $1.2M | $4.6M | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.20 | +0.017% | $74K | $101K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.19 | +0.009% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.15 | −0.026% | $12.2M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USDshort | +0.0050% | 1h | 117.18 | 0.000% | $10K | $264K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.13 | −0.043% | $241K | $369K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0061% | 8h | 117.26 | +0.069% | $3K | $229K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 117.18 | long leg | $610K | $532K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.21 | +0.026% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0164% | 8h | 117.28 | +0.087% | $272K | $650K | — | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.33 | +0.128% | $66K | $71K | 10x | as long as short |
| Binance BABAUSDT | +0.0213% | 8h | 117.23 | +0.042% | $15.5M | $23.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0216% | 1h | 117.21 | +0.023% | $43K | $366K | 10x | as long as short |
KuCoin BABAUSDTM
Polymarket Perps BABA-USD
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
GRVT BABA_USDT_Perp
Variational Omni BABA
Phoenix BABA
Binance BABAUSDT
Extended BABA_24_5-USD